best finance and accounting jobsin 2018

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where finance and accounting jobs in canada are headed

The financial industry is a staple of Canadian industry. TSX, Canada’s largest stock exchange, is the 9th largest in the world, and Canada’s big 5 banks are regarded as some of the most stable worldwide. Though financial growth has been slow in Canada over the last several years due to incredibly low interest rates, last year saw a marked improvement from 2016. As is the case in many industries, the biggest trend in finance and accounting an increasing dependence on technology and data. In 2018, finance and accounting professionals are expected to be technically savvy, using tools to decipher and parse data and make informed financial decisions. As a result, analyst roles such as business analyst and financial analyst are the fastest growing roles in the sector.

best finance and accounting jobs in 2018

In 2018, the list of top finance and accounting jobs looks quite different than last year's. Though accountants and financial analysts remain in high demand, business analysts have jumped near the top of the list. The remaining list of in-demand jobs are diverse, including roles like controller, accounting clerk, financial advisor and payroll jobs.

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growth in finance and accounting jobs

Over 675,000 finance and accounting professionals work in Canada. In the last year there was an increase of 4,680 new jobs in the finance and accounting sector, indicating positive growth.

The demand for financial experts is concentrated in Toronto, with more than 65% of the new jobs appearing in Toronto. As the home of the TSX, and head offices of many of Canada’s biggest banks, this is to be expected. Montreal also saw noticable growth.

finance and accounting salaries in 2018

The finance and accounting sector has median salary of $73,650 in 2018. This is down from $85,000 last year, however finance and accounting continues to be one of the highest paying sectors in Canada. The lowest 10% of earners make $47,950 or less, while the top 10% of earners make $99,350 or more.

the best finance skills in 2018

The financial skills that employers are looking for in 2018 are relatively unchanged. The CPA (Chartered Professional Accountant) designation continues to be the gold standard in the field. Accounting software and bilingualism round out the top 3 most in demand finance skills. The only new entry on the top finance skills for 2018 is a CMA (Certified Management Accountant) designation.

top industries hiring finance professionals

As you would expect, the top industries hiring finance professionals are the finance and insurance industries, same as last year. However, new on this year's list is the manufacturing industry, which isn't unexpected, as the manufacturing sector saw a surprising amount of growth in Canada over the last year.